Legal Question in Real Estate Law in India
how stamp duty will be calculated on the property purchsed through bank aution.will it calculated on the price declaired in the sale certificate issued by the bank or on market value
Asked on 5/06/10, 6:25 pm
1 Answer from Attorneys
Prof.Somnath Mukherjee
s.mukherjee associates,09874053359
it is depend upon the registrar who register your property.Basically it is depend upon the location and as well as the age of the property.it is not depend upon the sale certificate but it is depend upon the market value.
Answered on 5/07/10, 10:06 am
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